Essentials of Investments（2024 Release）

The market-leading undergraduate investments textbook, Essentials of Investments by Bodie, Kane, and Marcus, continually adapts to the dynamic shifts in financial markets while maintaining a core theme – that security markets are nearly efficient, meaning you shouldn't expect to find obvious bargains in these markets.

This text places significant emphasis on asset allocation, seamlessly integrating practical applications of investment theory. Focus on investment analysis allows the authors to present the practical applications of investment theory and convey practical value insights.

A collection of Excel spreadsheets is provided to give you the tools to explore concepts more deeply. In their commitment to bridging theory with practice, the author team aligns their approach with that of the CFA Institute. The inclusion of questions from previous CFA exams in the end-of-chapter problems, along with CFA-style questions derived from Kaplan-Schweser CFA preparation courses, link theoretical foundations to real-world scenarios. The addition of Integrated Excel assignments in the Connect platform rounds out the student success resources that include auto-graded problems, Tableau Dashboard Activities, and Smartbook, an adaptive reading and practice tool for students.

作者：Zvi Bodie

現職：Boston University

作者：Alex Kane

現職：University of California, San Diego

作者：Alan J. Marcus

現職：Boston College

PART I: ELEMENTS OF INVESTMENTS

Ch 1 Investments Background and Issues

Ch 2 Asset Classes and Financial Instruments

Ch 3 How Securities Trade

Ch 4 Mutual Funds and Other Investment Companies

PART II: PORTFOLIO THEORY

Ch 5 Risk, Return, and the Historical Record

Ch 6 Efficient Diversification

Ch 7 Capital Asset Pricing and Arbitrage Pricing Theory

Ch 8 The Efficient Market Hypothesis

Ch9 Behavioral Finance and Technical Analysis

PART III: DEBT SECURITIES

Ch10 Bond Prices and Yields

Ch11 Managing Bond Portfolios

PART IV: SECURITY ANALYSIS

Ch12 Macroeconomic and Industry Analysis

Ch13 Equity Valuation

Ch14 Financial Statement Analysis

PART V: DERIVATIVE MARKETS

Ch15 Options Markets

Ch16 Option Valuation

Ch17 Futures Markets and Risk Management

PART VI: ACTIVE INVESTMENT MANAGEMENT

Ch18 Evaluating Investment Performance

Ch19 International Diversification

Ch20 Alternative Assets

Ch21 Taxes, Inflation, and Financial Planning

Ch22 Investors and the Investment Process